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Dollar edges up ahead of U.S. inflation data


Commodities market

Oil edged up today, but the inflation data put a lid on crude growth, as it can weaken the market. Brent crude futures were up 0.5%, and WTI crude gained 0.5% too.

Key tickers:

Brent: 100.51 — neutral.

WTI: 96.83 — neutral.

NG: 6.321 — strong buy.

Foreign …

Gold analysis


Gold settled in the movement below the level of 1746.80 and then resumed the lower movement and the target will be the level of 1700.00 in the medium term.

We continue to suggest the downside path as long as the price is stable in the movement below 1750.00 and the …

GBP/USD currency pair analysis


The pound against the dollar continues its bearish movement after it previously achieved the bullish corrective bounce and approached the 1.2000 resistance, then returned to complete the descending path and approached its first target at the 1.1800 level.

In general, we continue to suggest the bearish path as long as …

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